Oil

[fazal12]

Today market trend is buy.

Moving avrege or tecnical indicator sy pta chal rha hy k market up ho ri hy

Is liye hamy buy ki trede lgani chahye.

Forex forum earning krny k liye best hy.

Agr ap market ki movment ko smjty hen to acha profit ho skta hy bgair expirience k loos k chance zyada hoty hen.

Best of luck

[Hassinali]

SINGAPORE (Bloomberg) --Oil extended declines toward $40 a barrel as concerns about demand linger with the coronavirus raging across many regions.

Infections flared by a record in Hong Kong, and Los Angeles is on the brink of another stay-at-home order. New cases have accelerated in California, although the pace of deaths slowed in Arizona and Florida. Crude in New York fell 0.7% on Monday, after slipping 1.5% in the previous two sessions.

In another warning sign for the oil market, Chinese demand is cooling off. A rebound in consumption in the Asian giant helped drive crude higher, but the price of physical oil barrels traded in Asia has slipped with the the country’s buying spree slowing in recent weeks.

“The stalling oil demand recovery story is not helping,” said Giovanni Staunovo, a commodities analyst at UBS Group AG. “The virus continues to remain a demand concern until a vaccine is found.”

Crude has been stuck in a tight range this month after rebounding sharply from a plunge below zero in April. There are wide-ranging concerns as the pandemic is accelerating again in parts of the world and threatening demand, while OPEC+ is preparing to ease its record supply cuts starting next month. But, Russia is signaling that it’s serious about using any extra supply locally and won’t send it to key refining markets like northwest Europe.

Prices:

West Texas Intermediate for August delivery, which expires Tuesday, lost 28 cents to $40.31 a barrel as of 8:18 a.m in New York
The more-active September futures dropped 29 cents to $40.46
Brent for September settlement slid 0.7% to $42.85, after slipping 0.5% on Friday
See also: OPEC Has New Competitor as China Ships Oil From Swelling Storage
While Russia’s export plan is still not finalized, shipments of Urals crude in August are likely to be broadly in line with this month’s levels, according to people familiar with the matter. That would be consistent with a loading plan for the first five days of August, and comments from Energy Minister Alexander Novak that increased oil production is going to be used internally.

Meanwhile, oil explorers in the U.S. last week extended a record streak of rig retirements that commenced four months ago with a Saudi-Russian price war and the virus-driven demand collapse.

Other oil-market news:

Chevron Corp. agreed to buy Noble Energy Inc. for about $5 billion in shares as the oil giant looks to beef up amid the wreckage of the worst-ever crude crash.
At almost any other moment in history, the promise of producers pouring millions of barrels of crude into the global market would have been cause for celebration in the world’s shipping hubs. But Covid-19 means that this is a time like no other.
BP Plc has placed some personnel from its Singapore-based crude oil team on leave after they were mentioned in court documents filed in disputes between banks and other trading houses, said people with knowledge of the company’s move.

[Mehboob]

Today market trend is :sell

This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend

[Naeem88]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

So i suggest today trade on sell

[Samranfaizan220]

Price made a breakout to the downside following a triple top, pull back to the neckline and came off. Looks good for Bearish action? Afraid not. There isn't a follow through after the Weekly Analysis explained: 1) Breakout of resistance level (The zone in grey) 2) Resistance now acts as support 3) 21 moving average has been broken and now acts as dynamic support 4) Price has reached the 50% fibonacci level which acts as an add-on confluence 5) Morning Star Candlestick partten formation, which is a trend reversal signal indicating that buyers...

[QasimShop]

Respected members of Indian forum

This pair surely increas the movement down
Side, because of indicators show that the down
Trend

Pivot Point, Moving average ,Crunt price, Rsi,
Resistance and Supporting points, MACD,
Parabolic sar, Bollinger Band, H4, H1, M30,

All the indicators running the favor down
Side
So market trend this time is sell

[Sana RYK]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

[Muhammad Kashif]

Hi Dears

this pair 80% support of "BUY" as you know

that previous week market has been down

significantly therefore "BUY" is strong this

time. "Please avoid to cell" and get profit.


If you like "Click" thanks

[Mr king]

Market analysis about trading

Today market trend = sell

Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren

[Shahzadahmed4850]

we predict future values with technical analysis for wide selection of commodities like Crude Oil. If you are looking for commodities with good return, Crude Oil can be a bad, high-risk 1-year investment option. Crude Oil price (per barrel) equal to 40.660 USD at 2020-07-20, but your current investment may be devalued in the future.
Current Price: 40.660 USD